CEO compensation - page 3
by dzadzey | 4,155 Views | 31 Comments
The other day, our CNO and VP of Human Resources came to our unit to discuss issues and concerns we have regarding our unit, the hospital and our jobs. I brought up the topic of CEO compensation. Over a six year period, our... Read More
- 6May 5, '12 by dzadzeyQuote from chaka_1709The real rub here is that our health system is a non-profit, yet our CEO's compensation package tops out an nearly $2million and has readily exceeded inflation for six years, while the wages for nurses, techs, therapists and other hourly workers have remained flat. And this reflects the larger trend in society. We have received two "market raises" over that same time period which were promptly eaten up by corresponding raises in the monthly costs of our health care benefits package.I agree that CEO's do hard work but really, million dollar salaries and outrageous bonuses while the workers are barely making a living. Greed, greed, greed. It is why our country is in economic turmoil right now. CEO's could cut their salaries to more realistic number and then use that money to hire more workers and give raises to the current workers.
It's not just the corporate culture in the healthcare industry that needs to change...the whole social paradigm needs to shift. That's why I'll be on the lines with the 99% and OWS working aid stations at rallies and marches. We are more than just advocates for our patients. We are advocates for our communities and social justice as well.
- 3May 5, '12 by woohWe've now lost getting any pay for sitting and waiting for them to call us when they won't let us come to work because of low census. No more pay to sit at home on call. It wasn't much money. But that's the point. Not much money, and yet they had to take even THAT from us. Let's play, "What has our CEO given up this week?"
- 4May 5, '12 by SHGR, BSN, RNQuote from KyrshamarksSo by your logic, none of the patients in my clinic who did not choose the path to becoming an RN have a right to expect fair, ethical nursing care. They should have become RN's themselves, rather than complaining.Anyone of you complaining of CEO compensation could have chosen that career path, but instead you choose nursing. You could have been the one making the big salary. So in reality, why are you getting mad at the CEO, when they were smart enough to choose that path?
- 3May 5, '12 by kcmylornThe CEO is not responsible for anything! If I or any other RN make a mistake- that chump doesn't get sued, the RN does. If a doctor makes a mistake in the hospital- the CEO doesn't get sued- the doctor does. That CEO has no license to practice medicine or nursing. That's the criminal offense of all this. That CEO is making money decisions (one$ for you, $3 million for me)that are effecting peoples lives and my nursing license, and that CEO doesn't know the first thing about what I do nor does he really care, just as long a he gets paid according to his "contract". He has no license other than a driver's license and probably doesn't have one of those either, but he is going to make selfish greedy decisions that that are in his best interest. Our government needs to take over these healthcare facilites. healthcare costs would go down and hospitals would not close their doors and staff would be hired because the millions of dollars that are being throw away and wasted on CEO's salaries would be non existent. The money would be dumped back into the facility where it belongs - to take care of patients and not into 'lifestyles of the rich and famous'. I wouldn't trust any CEO with $5.00 to go to the corner store to buy me a gal. of milk. They'd pocket it and you'd never see them again.
- 5May 6, '12 by MulanWow, it took a lot of cahones to bring that subject up. You're braver than I am.
They couldn't run a hospital without nurses. They pay the nurse to use the nurse's license.
Who has all the responsibility and liability? The one with a license.
Nurses are akin to indentured servants.
People make their way to the top on the back of bedside nurses.
A few years ago, the CEO of one of the major health care corporations got fired and he got a 6 million dollar severance package.
What does a bedside nurse get when they get fired?
- 2May 6, '12 by Rose_Queen, MSN, RN GuideOur CEO is a reservist. He got called up to active duty a year or two ago. And they still paid him his multimillion dollar salary! We get an annual report telling us how much these folks were compensated. The CNO, we calculated, gets a paycheck every two weeks that equals a new grad's annual salary! And we're counting our blessings if our annual merit raise is more than a nickel.
- 0May 6, '12 by kcmylornThat reservist CEO was also very "well" compensated for his call to active duty- they make 'Hazard' pay- pay that is above their base rate depending on their rank and other compensated(money) perks pay as well, Some of these guys/gals come home with $60,000 or more( tax free), free and clear deposited in their bank accounts. They come home and buy BMW's, Volvo's, Mercedes, Jaguar's 'in cash' or buy new homes' in cash'. This buzzard has a CEO pay on top of this.
In addition to being well paid by our US government"for his service"( aka our tax dollars), he is enrolled in TRICARE for the length of time they are "active duty reserve" it's called LOD - line of duty. His medical benifits( and I believe so is his family's) are 100% paid for ( NO out of pocket, NO co-pay)through TRICARE and are free to him but on your and my dime. I know this for a fact- I work in a military treatment facility as a civilian contractor nurse and I see these guys/gals all day long. They try to get every bit of medical care they want squeezed into their LOD active orders time. I have had them come in and ask me for Dermatology referrals to treat their acne!! Asking for Lazer eye surgery. That is how abused this system is. Their" Over The Counter medications are free in the military treatment facilities- they refuse to go to a CVS, rite aide or any other off base pharmacy to get their ASA, Motrin, robitussin, mucinex, etc. They ask their assigned Military treatment facility provider at the base for a prescription for these remedies and it is put in electronically which goes to the MTF pharmacy across the hall./ For their requests for referrals and specialits visit requests- as a nurse I have to look at their complaint, see if the injury happened when they were called to active duty and figure out if it is in the time line with when their orders expire. They want Physical Therapy referrals, referrals for DME- Orthotics, Orthopedic referral, neuology referrals, neurosurgery referral for conditions they have had for years and years. They want referrals to be seen at internal medicine for a cold- This is crap they did not get in Afghanistan. This is pure Fraud Waste and Abuse. This is why our country is in the economic crisis it is.
Alot of these miltary, including reserves will "volunteer" for these deployments because of the money it brings in for them!!These are out of sequence deployments. I believe it is a called a "bucket"- its a deployment rotation sequence they are assigned to. If some one is given orders for deployment and doesn't want to go and can find some one to take their place, that is allowed also. That too I know for a fact- it happened at the MTF I work at. With these reservists,if they work in the civilian world,the civilian world HAS to hold their jobs by law for when they return.
That CEO is making money hand over fist and part of it is from out tax payer money( the military budge that congress has to vote on every year) As a civilian nurse- my pay (nor is any of the other civilian nurses I work with) is not even close to what I woud make in my area in the civilain hospitals- It is approx $20,000/yr less. As a GS my pay was even lower!! with 32 yrs as an RN. This is a boot in the backside!!